Document Type

Working Paper

Publication Date

2013

Keywords

bailout, Cypriot Law, sovereign bankruptcy, banks

Abstract

Last Friday, the European leaders trespassed on consecrated ground by putting insured depositors in Cypriot banks in harm’s way. They had other options, none of them pleasant but some less ominous than the one they settled on.

Library of Congress Subject Headings

State bankruptcy, Banks and banking, Law--Cyprus, Bailouts (Government policy)

Share

COinS